National Business

OTTAWA — Canada's annual inflation rate was 4.0 per cent in August, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 4.0 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.8 per cent (2.5) — Prince Edward Island: 3.

MONTREAL — The backlog of air passenger complaints at Canada’s transport regulator has hit a new high topping 57,000, as dissatisfaction over cancellations and compensation persist three and a half years after the outbreak of the COVID-19 pandemic.

TORONTO — Unifor says the likelihood of a strike at Ford Motor Co. is increasing as the expiry of the current contract approaches without a deal in place.

TORONTO — The woman who built Indigo Books & Music Inc. into a Canadian retail juggernaut is returning to the helm of the company just weeks after her retirement.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,492.83, down 129.51 points): TC Energy Corp. (TSX:TRP). Energy. Down 41 cents, or 0.81 per cent, to $50.27 on 14.5 million shares.

TORONTO — Losses in technology and base metal stocks helped lead a broad-based decline as Canada's main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.

NEW YORK (AP) — U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday.

CALGARY — Chief executives of the some of the world's biggest fossil fuel companies are meeting in Canada this week, united in their stance that "peak oil" isn't about to put them out of business anytime soon.

TORONTO — Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc.